The Economic Times

Union Budget 2026: Duty free import of processing inputs to boost export of value added seafood

India's seafood exports are set to see more value-added products. A threefold increase in duty-free import limits for processing inputs will lower production costs. This move aims to boost competitiveness against rivals like Vietnam and Thailand. Value-added products currently form a small portion of India's seafood exports. This change is expected to significantly improve that share.